This year marks the 70th anniversary of the establishment of diplomatic relations between China and Russia, and the two countries will hold a series of grand events for celebration.
This winter's colder weather and strong snow have contributed to the strong Chinese sales of UGG boots, boosting its parent company's financial results.
This year is China-EU Tourism Year, which fuels new opportunities for Chinese and European travelers.
This year, sales revenue of ice cream in China is expected to reach 45.3 billion yuan (.5 billion), up 20 percent from the level five years ago, according to Euromonitor International.
This year's meeting came amid rising trends of unilateralism and protectionism in the world that threaten the interests of developing countries.
This year, China came up with the idea of extending the partnerships of BRICS and widening the circle by inviting other developing countries under a new banner, BRICS Plus.
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Thomas Wiese, CEO of Alunna, said: "We are especially pleased about this acquisition by China Zhongwang, a reliable strategic shareholder."
This year's holiday season, in particular, is a natural promotion opportunity for global businesses because it is the Year of the Pig in Chinese zodiac which represents good fortune and wealth.
Those issues became a bottleneck which constrained the world's second largest economy as it transitioned into a high-income country, according to some economists.
This year's summit theme was "Connecting Business, Promoting Shared Prosperity and Sustainability in the Post COVID New Economy". The event was held in Kuala Lumpur and organized by the KSI Strategic Institute for Asia Pacific.